18/12/2020

Horizon Europe budget confirmed at Eur 95.5 billion!

Categories: News

Tags: News | Budget


The Commission welcomes the political agreement between the European Parliament and the Council on Horizon Europe, the largest transnational programme ever supporting research and innovation. The new EU research and innovation programme will have a budget of around €95.5 billion for 2021-2027 (current prices). This includes €5.4 billion (current prices) from NextGenerationEU to boost our recovery and make the EU more resilient for the future, as well as an additional reinforcement of €4.5 billion (current prices). This represents a 30% increase vis-à-vis the current research and innovation programme, Horizon 2020 (comparing Horizon Europe against Horizon 2020 for EU27, in constant prices) and makes it the most ambitious research and innovation programme in the world.

Read more about it here.